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True Chain  


TRUE Price:
All Time High:
Market Cap:
$29.3 K

Circulating Supply:
Total Supply:
Max Supply:


The last known price of #TRUE is $0.000632 USD.

Please note that the price of #TRUE was last updated over 90 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #TRUE statistics should be considered as 'last known value'.

The lowest TRUE price for this period was $0, the highest was $0.000632, and the exact last price of TRUE was $0.00063161.

The all-time high TRUE coin price was $3.69.

Use our custom price calculator to see the hypothetical price of TRUE with market cap of BTC or other crypto coins.


The code for True Chain crypto currency is #TRUE.

True Chain is 6.2 years old.


The current market capitalization for True Chain is $29,337.

True Chain is ranking downwards to #2059 out of all coins, by market cap (and other factors).


There is a very weak daily trading volume on #TRUE.

Today's 24-hour trading volume across all exchanges for True Chain is $36.00.


The circulating supply of TRUE is 46,448,735 coins, which is 46% of the maximum coin supply.


TRUE has limited pairings with other cryptocurrencies, but has at least 3 pairings and is listed on at least 1 crypto exchange.

View #TRUE trading pairs and crypto exchanges that currently support #TRUE purchase.


Note that there are multiple coins that share the code #TRUE, and you can view them on our TRUE disambiguation page.



BYDFi: Unlocking True Decentralized Crypto Experience

    The crypto market is built on the principle that anyone globally can access blockchain services. However, many crypto exchanges today restrict users in certain countries and regions from accessing these blockchain features on their platforms. Such actions force users to look for alternative crypto platforms or depend on virtual private networks (VPNs) to bypass regulatory clampdown, actions that often come with some drawbacks. Imagine having a crypto exchange that is accessible to everyone regardless of location. That is what BYDFi brings to the table. Through its suite of products, the platform offers users the perks common to centralized crypto exchanges without requiring them to submit their personal details through a Know Your Customer (KYC) assessment. This way, users can maintain anonymity while enjoying their favorite crypto products. This article dives into what BYDFi is about and how the no-KYC policy benefits everyone. What is BYDFi? BYDFi, known initially as BitYard, was founded in 2020 and rebranded to its current name in 2023, which stands for BUIDL Your Dream Finance. It is one of the fastest-growing crypto exchanges, offering advanced features, security, and a great user experience. It also makes crypto trading seamless for all participants, regardless of their skills or knowledge. The crypto platform has a mobile version (Android and iOS) and a desktop version accessible to users. The crypto exchange offers over 550 cryptocurrencies to more than 500,000 users... read More

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — C...

    Recent data from CoinShares points to a significant shift in investor sentiment regarding Bitcoin, marked by a substantial $544.1 million net outflow from US spot Bitcoin ETFs in the last week. According to James Butterfill, a leading analyst at CoinShares, this significant amount of outflow highlights a 'true correction is underway' as this trend extends beyond a single week, with a total of over $1.1 billion flowing out in the past two weeks alone. Global Outflows Amidst Economic Uncertainty James Butterfill attributes this withdrawal to a lack of confidence among investors regarding anticipated interest rate cuts. Commenting on the consistent outflows, Butterfill noted: We believe this is in reaction to the pessimism amongst investors for the prospect interest rate cuts by the FED this year. Notably, the US was not alone in experiencing these outflows; significant sums were also withdrawn from funds based in Canada, Germany, and Hong Kong. Contrarily, funds based in Brazil and Switzerland witnessed net inflows, indicating a varied global response to the current economic climate. While Bitcoin faced the brunt of the withdrawals, Ethereum also saw notable outflows, with $58 million leaving Ethereum-based investment products globally. This occurred despite the anticipation surrounding new issuers' S-1 registration filings with the SEC, hinting at potential launches. However, not all cryptocurrencies suffer from these conditions. Altcoins such as Solana, Litecoin, and Polygo... read More

CPI Preview: Bitcoin Price Poised To Surge If Projections Hold True

    The US Consumer Price Index (CPI) data, set to be released tomorrow, May 15 (Wednesday), at 8:30 am ET, is anticipated to be a potentially significant catalyst for the Bitcoin price. This expectation stems particularly from Bitcoin's recent trend of responding to macroeconomic news, indicating a heightened sensitivity to such data in influencing its market dynamics. The CPI measures inflation by tracking changes in the price levels of a market basket of consumer goods and services. The upcoming report is of particular interest following three consecutive months where inflation data exceeded market expectations. Analysts currently project a slight moderation in inflation rates for April, which could have consequential implications for monetary policy and financial markets. CPI Preview: What To Expect For April, economists expect the CPI to show a year-on-year increase of 3.4%, a slight deceleration from March's 3.5%. On a month-to-month basis, the increase is anticipated to slow to 0.3% compared to 0.4% previously. The core CPI, which strips out the more volatile costs of food and energy, is also expected to reflect a similar downtrend. The forecast suggests a drop from 3.8% to 3.6% on a year-on-year basis, marking the lowest annual core inflation rate since April 2021. Similarly, the monthly increase in core CPI is expected to decelerate to 0.3% from the previous month's 0.4%. Goldman Sachs economists anticipate that the core CPI will continue to show disinflationary trends ... read More

Robert Kiyosaki to Purchase More BTC If This Devastating Bitcoin Predict...

    Robert Kiyosaki, known for his advocacy of Bitcoin (BTC), gold, and silver, has revealed that he would acquire more BTC if the crypto asset’s value ever drops to $200, as American financial writer Harry Dent predicted. In a Tuesday tweet, Kiyosaki, the author of several financial books, including Rich Dad Poor Dad, said he hopes Dent's prediction comes true, as such an occurrence would produce new multi-millionaires and possibly a few billionaires. Bitcoin to $200? Dent is known as the harbinger of financial and economic recession. Although most of his forecasts have been unsuccessful, he correctly predicted the 2000 dotcom crash and Japan's 1989 bubble burst and recession. He told Think Advisor in October 2023 that the United States economy would experience 'the crash of a lifetime' in 2024, with the stock market falling 86% on the S&P index. The controversial analyst said the crash was two years late and would hit this year, affecting every sector, including real estate. Dent also insisted that the central bank compromising this incoming calamity would only make the next one even bigger and that the best haven would be treasury bonds. According to Kiyosaki, Dent's 'everything crash' could see the Baby Boomer generation become the biggest losers because their homes would lose value. Regardless, the Rich Dad Poor Dad author intends to acquire more real estate, gold, silver, and BTC, to position himself for more wealth. 'If Harry is correct I will simply buy more real es... read More

Cantor CEO Makes Gold And Bitcoin ETFs Comparison, Foresees True Rally W...

    In a highly anticipated development, the United States Securities and Exchange Commission (SEC) granted regulatory approval for 11 spot Bitcoin ETFs, sparking excitement within the crypto community.  However, despite initial expectations of a significant price surge, the Bitcoin market has experienced an 8% price drop since the ETFs began trading. Bitcoin ETFs To Unfold Impact Over Time?  Drawing a comparison with the launch of the first Gold ETF, Cantor Fitzgerald Asset Management CEO, Howard Lutnick, noted that the immediate rush to buy the asset did not materialize. Lutnick remarks that historical data from the launch of the Gold ETF, SPDR Gold Shares (GLD), reveals that substantial price appreciation took place over several years.  When GLD was introduced in November 2004, the price of gold stood at around $700. By December 2023, it had surged to an all-time high of $2,145. The gold market capitalization, estimated at $1 trillion to $2 trillion pre-ETF approval, ballooned to $16 trillion within a few years. Likewise, despite the initial hype surrounding the spot Bitcoin ETFs, experts suggest that the true impact of these ETFs will unfold over an extended period.  As reported by NewsBTC, market analysts at CoinShares estimate that the United States possesses around $14.4 trillion in addressable assets.  Assuming a conservative scenario where 10% of these assets invest in a spot Bitcoin ETF with an average allocation of 1%, it could potentially res... read More

Web3 Artists Offer Something Web2 Can't – True Ownership — P...

    According to Andrea Lerdo, a director at the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not only exercise control over their content but to connect with their respective audiences in a way not possible on traditional platforms. For artists who have already carved out a niche in the Web2 space, 'Web3 offers something Web2 can't – true ownership.'Barriers Blocking Creators From Entering Web3 Lerdo, however, acknowledged that many small creators seeking to unshackle themselves from the 'constraints of algorithms and opaque platform policies' by venturing into Web3 might encounter significant challenges. For instance, artists attempting to dabble with non-fungible tokens (NFTs) may be overwhelmed by the tech's complexity or the initial costs. To help make artists' transition to Web3 less daunting, the Palm Foundation director urged players in this space to 'provide accessible platforms, lower entry costs, and a supportive network.' She said doing this not only ensures artists' success but also levels the playing field. In her written answers sent to News via Telegram, Andrea Lerdo touted decentralized autonomous organizations (DAO) as one way artists can 'incredibly' empower their respective communities. She argued that when these are properly set up, DAOs can help nurture 'a community where everyone feels valued and heard.' Below are the Palm Foundation director's answers to the questions sent. News (BCN): Wha... read More

Trump's True Crypto Holdings Are Worth Millions, New Filings Show

    Updated filings show that former President Donald Trump owns $2.8 million worth of cryptocurrency in his Ethereum wallet – a far higher amount than disclosures from earlier this month appeared to suggest. The disclosures paint a different picture of Trump’s views on crypto than his public pronouncements about the asset class would seem to suggest. Trumps Crypto and NFT Earnings As submitted to the Office of Government Ethics, entry 24 under Trump’s “Employment Assets and Income and Retirement Accounts” lists a series of items related to crypto and NFTs. The item is titled “CIC Digital LLC (License fees for NFTs)” and is subdivided into three parts: One of those parts included his Ethereum crypto wallet, which contained $2,806,341 in assets at disclosure time. Another part – listed as “License agreement with NFT INT, LLC” – related to Trump’s earnings from a non-fungible token (NFT) collection he launched as part of his relaunched election campaign to return to the White House in 2024. This amount totaled $4,866,832. The first installment of the collection performed well, even surging after Trump’s first indictment in early April. However, it crashed later that month when he announced the launch of a second batch of NFTs on Polygon. Earlier this month, Trump’s OGE financial disclosure documents stated that he owned between $250,000 and $500,000 in his ETH wallet. This wallet was also connected ... read More

Bitcoin Price Could Go Either Way if Dimon's Recession Warnings Come Tru...

    Economic, financial, and business analysts have been on the lookout for an imminent recession since late 2022. The only question in a field of certainty that a mild recession is looming is where? Jamie Dimon: Bank Failures Could Lead to Recession in 2023 Will the recession emerge from a financial crisis? Will oil or some other commodity trigger it? Could it start in housing as it did with the Great Recession? The critical weakness in banking that became evident to markets in Q1 of this year signals it could start with a bank meltdown. The IMF warned this week of 'shadow banks,' or non-bank financial companies that endanger financial stability as well. Jamie Dimon, longtime CEO of JPMorgan Chase and Co, warned in a recent letter it will be nothing like 2008, but the next recession will last for years: 'As I write this letter, the current crisis is not yet over, and even when it is behind us, there will be repercussions from it for years to come. But importantly, recent events are nothing like what occurred during the 2008 global financial crisis (which barely affected regional banks).' If Dimon is right and the economy is more apt to fall into recession, it could be a macro headwind. Bitcoin price could face unstoppable resistance until the cycle flips. But it could be a tailwind for Bitcoin. It just depends on how the disruptions to the economy shake out. Recession: a Bitcoin Price Headwind or Tailwind? A recession this year could easily put an end to the Bitcoin price rally.... read More

Binance Starts Minting True USD (TUSD) as TRU Price Explodes

    Binance has started minting True USD (TUSD) in response to a U.S. regulatory crackdown on its own stablecoin BUSD. On Feb. 16, the world’s largest crypto exchange minted 50 million TUSD, according to blockchain sleuths. True USD was launched in 2018 and listed on Binance in May of that year. TUSD is the sixth largest stablecoin but a minnow in the ecosystem, however, with a market share of less than 1% from a circulation of $973 million. Since the beginning of this year, TUSD circulating supply has increased by 29%. 50M #TUSD minted at #Binance and the price of $TRU increased by 200%. On-chain data shows that #Alameda and #justinsun are the two largest minters of $TUSD.#Alameda minted a total of 1.64B $TUSD in history.#justinsun minted a total of 889M $TUSD in history. — Lookonchain (@lookonchain) February 16, 2023 Binance Seeks Alternatives Last week, BUSD issuer Paxos was issued a Wells notice by the SEC, signaling the regulator’s intention to take enforcement action. The New York-regulated firm has since announced that it will halt BUSD minting on Feb. 21. There was a rush of redemptions following the news, and Binance has now started looking at alternatives. The company did state that its stablecoin was fully backed and will still be supported. Lookonchain also revealed that Alameda had minded $1.6 billion in TrueUSD, and Justin Sun minted $889 million of the stablecoin in history. Since the regulatory action against BUSD, it... read More

UniLend V2 Launched: Becomes 1st True Permissionless Lending and Borrowi...

    PRESS RELEASE. Launching its much awaited V2 testnet on the Goerli chain today, UniLend team is looking to Revolutionise the Lending and Borrowing scene in the DeFi space. It is the first ever protocol which claims to “Make Every Digital Asset Productive”. Earlier, UniLend Finance CEO, Chandresh Aharwar had unveiled the version of UniLend Dapp for the first time on Binance Live, calling it “The world's first true permissionless lending and borrowing protocol”. The DeFi space has grown multiple fold in the past couple years but is still in its early stages. UniLend V2 will allow anyone to start lending and borrowing of any 12k+ ERC20 tokens, just like anyone can start trading any token on a decentralised exchange without any approval or permission. The team also announced an Airdrop worth $5000 UFT for early tester which will run for couple of weeks. In order to enable you to quickly learn about v2 , we advise you to dive in to the documentation: - Core UniLend V2 smart code on Github - Whitepaper Launched after months of rigorous internal testing, hard work and sweat, the team says it's confident that with this release, a new era of the financial system will impact the lives of billions of people with inclusion into DeFi. With UniLend V1 Permissionless Protocol being live for more than a year on four major blockchains: Ethereum, Polygon, Binance Smart Chain, and Moonriver with more than $50 Million Flash Loans executed, the team is extremely enthusiast... read More

Arca Firm CEO Believes Crypto Winter Has Reached The End, How True Is Th...

    In 2018, the cryptocurrency world experienced a crypto winter that saw the value of assets fall below 70-95% of their original value. This period lasted from January 2018 to December 2020. Currently, the crypto market is experiencing another chilly winter with its devastating effects felt on the top market player – Bitcoin. Despite the adoption and market dominance enjoyed by BTC: it still felt the crippling power of the bearish market cycle. Various predictions and speculations by experts relying on past market cycles are all over the place. With the last crypto winter lasting almost three years: investors and traders are puzzled about the length of this current bearish market trend. The crypto world is affected by the devastating effects of global players on the political scene. The Russia – Ukraine conflict has increased the pressure on cryptocurrency globally. Igor Zakharov, CEO of DBX digital ecosystem: notes that high inflation has spiked interest rates in the United States. The U.S is the biggest promoter of crypto and a dominant force. Shift Of BTC Holdings By Whales And Big players Data obtained from Coinbase Pro shows that the big institutional players have transferred large amounts of their BTC holdings. The BTC volume pegged at 48,000 BTC is worth roughly $940 million. These bitcoin assets; were removed from long-term holding positions with a time frame of three to five years. Surprisingly, the smaller and medium addresses have increased their BTC hol... read More

True Decentralization Can be Achieved With Oracles

    The term ‘oracle’ has become quite commonly used within crypto circles across the globe in recent years, and rightly so. This is because these novel offerings are designed to connect various blockchain projects with a wide array of off-chain data, thus allowing for the advent of many novel use cases. That said, most traditional oracles are faced with two core issues. Firstly, they require a centralized entity/intermediary to facilitate their access to external, real-time data — as a result of which third parties can potentially alter the data being supplied to it. Secondly, centralized oracles often have to forego many of the privacy advantages put forth by smart contracts, thereby posing major risks to the system’s overall security. A smart contract can be thought of as a program/transaction protocol designed to automatically execute, administer and note relevant events and actions as per the terms of a predefined digital agreement. Decentralized oracles explained As highlighted earlier, centralized oracles serve as single, stand-alone entities that provide data from an external source to a smart contract operating within a set governance framework. As a result, they, more often than not, feature a single point of failure that can result in them being corrupted or being attacked. On the other hand, decentralized oracles can be visualized as a group of independent oracles where each node operating within the network is capable of acting on its own acco... read More

How A Game-Changing Decentralized Synthetic Exchange Aims to Unlock the ...

    The barter system, where you trade your cow for someone else’s grains, for instance, is probably older than you think. It has its roots dating back to 6000 BC when Mesopotamian tribes first made exchanges with other groups. Those methods of exchange worked well before things like the Internet or decentralized technology existed. Trading was necessary not because commodities have financial value or even industrial utility, but because they were necessary for survival. Back then, societies weren’t as worried about gold or silver as they were about grains, milk, and beans. Today, even though society is living in a time where artificial intelligence, automation, blockchain technology and decentralization are going to make means of exchange far more democratic, and private than ever before, commodities still derive their value from the same things. Agricultural goods provide us with a means to nourish ourselves and survive. Energy in the form of oil, natural gas etc. allows us to keep the lights on and keep the economy moving, and precious metals provide us with industrial utility and the ability to hedge against inflation. Here’s the thing. The above commodities are non-fungible. They are not so easy to trade. That means no matter how valuable they are, some of that value is sucked away by old-world value chains. Thus, it remains out of the hands of the everyday individual. That’s why Comdex is launching a decentralized exchange (DEX) for synthetic assets.... read More

ChangeX Building the Case for True Crypto Mass Adoption

    Crypto has been with us for more than a decade now. The first years of that decade were the Dark Ages when the light of crypto shone on very few people, and the whole industry was pretty much obscure - not many knew about Bitcoin, what it was, what it did, why it was (and still is) needed, why should they have bought it. A Ponzi scheme, a pyramid, a scam, illegal - Bitcoin and crypto, in general, were slandered and kicked around, as sadly has been the case with every novelty since, well, forever. Then came 2017 - the massive retail investor-led bull run, which saw new capital pour into the blockchain space and a wave of new adopters enter the market. Winter followed for crypto. Everything recoiled in 2021 - the most significant push towards mass adoption for crypto in its not-so-long history. Billions of fresh dollars entered the chains, millions of people started buying, trading, and storing crypto, and the numbers went wild. Many retail investors started their love/hate crypto relationships in 2021, and it seemed like mass adoption was inevitable. Well, not quite. Here Comes the Twist A lot of these retail investors entered into unknown territory head-first, walking on very thin ice. Some of them merely got scratched, others just straight out drowned in the massive sea of opportunity and possibility. Many were hacked. Others lost incredible amounts of money to gas fees or because they sent assets to the wrong address or the wrong network. Seed phrases were lost, scams emerg... read More

How is Blockchain Giving True Asset Ownership to its Players?

    Video gamers have always loved user-generated content (UGC) and its art of self-expression. Although UGC has been around in video games for decades, it hasn’t always been as welcomed as it is in today’s market. Some of the early forms of UGC were 'Mods,' which were in-game changes of an existing video game created by players and typically disseminated through more under-the-radar channels like third-party forums. Currently, UGC-based games and platforms have evolved into being the world's most popular digital products, ranging from games like Fortnite and Minecraft (both of which have implemented UGC-based techniques) to platforms like Minecraft which is one of the largest industry leaders with a UGC-centric business model with over 200 million copies sold to date. All of this phenomenal growth demonstrates that people want to purchase, trade, and exchange game items aggressively, as seen by Fortnite and Call of Duty's billion-dollar sales. However, developers have not been able to serve their needs efficiently as a result of the centralized approach by companies. And, new technologies like blockchain are helping to decentralize and fairly monetize the gaming industry by benefiting both developers and gamers. Redefining the Way Game Economies Operate Traditional games essentially license digital assets to players and its free-to-play game economies are unidirectional where players buy virtual goods that can only be used within the game, according to the developer'... read More

Finder's Experts Predict Dogecoin Will Reach $0.16 This Year, Pane...

    Panelists from the product comparison platform Finder's dogecoin price prediction report say that the popular meme-based cryptocurrency will reach $0.163 per unit in 2022. Finder's recent poll concerning dogecoin's forecasted price leverages 33 experts and by 2025, the panelists say dogecoin is expected to reach $0.316 per unit.Finder's Dogecoin Prediction Report Shows a Lower Forecast Than the Panel's Prediction in July 2021 The product comparison website published a new prediction report concerning the meme-based crypto-asset dogecoin (DOGE). The web portal has published a myriad of prediction reports in the past, covering crypto coins like cardano (ADA), ethereum (ETH), and bitcoin (BTC). Moreover, back in July 2021, Finder's expert panelists predicted dogecoin's value would reach $0.39 per unit by year-end 2021. This month's DOGE prediction is a lot different and significantly lower than the July forecast. In fact, by the end of 2022, the panelists predict that dogecoin will only accrue 16.5% in value from its current price point reaching $0.163 per unit. Presently, dogecoin is trading for $0.132 which is lower than when the Finder's researchers recorded the value at $0.14 per DOGE on February 2, 2022. Finder's report authors Tim Falk and Richard Laycock highlight that the future outlook of dogecoin's value has changed a great deal among participating panelists. 'Around the time of our last survey, many people thought that DOGE was going 'to the moon' and crest... read More

Finding Bitcoin's True Point of Pain, Why Sub $30K Seems Likely

    Bitcoin maintains its bullish short-term trajectory into the U.S. Federal Reserve FOMC meeting, suggesting the downtrend might be losing strength. BTC investors have feel the pain in the last weeks, as the cryptocurrency displays a high correlation with the U.S. stock market. Related Reading | Bitcoin Whales Take Advantage Of Market Crash To Gobble Up Millions In BTC As of press time, BTC trades at $38,301 with a 2.3% profit in 24-hours. BTC with moderate gains in the 4-hour chart. Source: BTCUSD Tradingview Data presented by Joe Orsini, Director of Research for Eaglebrook Advisors, Bitcoin has historically experienced a positive performance in terms of percentage on FOMC announcement days. As seen below, the current FED Chair Jerome Powell’s administration has boosted the price of BTC as much as 20% during these days. Source: Joe Orsini via Twitter In addition, the chart shows that the BTC percentage change in the daily chart it’s typically moderate during these events. Probably due to the market already pricing in any potential announcements. With the exception of April 2020, every FOMC meeting is followed by moderate price swings on these timeframes with the largest downside change near 5%. If Bitcoin remains on its current trend, it could score yet another bullish post FOMC trading day. However, when the current Bitcoin drawdown is compared to that of April 2020, and July 2021, BTC seems ready for further losses. On the latter periods, BTC dropped below 60%... read More

US Senator's Inflation Report Says 'Its Only Going to Get Wo...

    America's media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is 'only going to get worse' and he published a report on the issue and blamed excessive coronavirus relief spending by Congress. Furthermore, a new decentralized method of measuring inflation has been introduced called Truflation, a tool that provides a 'daily, unbiased, data-driven, real-market inflation rate.' Rand Paul's Inflation Report Uncovers the 'Hidden Tax,' Report Blames Excessive Coronavirus Relief Spending The price of living and the cost of goods and services has risen dramatically in the last two years following the onset of the coronavirus pandemic. The U.S. Labor Department's data published last week showed that inflation is the highest it has been in 40 years at 7% and last month's consumer price index (CPI) data was the third consecutive month over 6%. The rising inflation has caused bureaucrats from the Democrat party to worry about the issue as they believe it could hurt U.S. president Joe Biden's leadership. The rising CPI rate spurred a number of market analysts, economists, central bankers, media pundits, and politicians to debate the inflation issue. Republican senator Rand Paul from Kentucky wrote a report called 'The Hidden Tax,' which explains that inflation will likely get worse from here and that it's hur... read More

TON Blockchain Aims To Bring True Financial Freedom To The World In 2022

    The TON blockchain created by Telegram co-founder and CEO Pavel Durov is promising big things will happen this year, setting itself a goal that no other blockchain has yet been able to achieve - it’s aiming for nothing less than mass adoption. TON was created by Durov and his brother Nikolai back in 2017. It’s one of the most ambitious blockchain projects of all and all the more so when we consider its tumultuous past. Designed to be vastly superior to Bitcoin and Ethereum in terms of speed and scalability, TON got off to a good start, raising almost $1.7 billion from investors through an initial coin offering. However, things quickly unraveled for Telegram when the U.S. Securities and Exchange Commission stepped in to halt the sale in October 2019, claiming that TON’s GRAM tokens were unregistered securities. That move ultimately led Telegram to drop the TON project, handing over the work it had done to the open-source community, which has since rebranded GRAM as Toncoin. With Telegram washing its hands off of the TON project, very little was heard about it during the intervening months. It had, in effect, become one of a growing number of forgotten blockchains that promised so much only to fade away into obscurity. That all changed last month though, when Durov suddenly announced on Telegram the TON project is not only still “alive” but moreover, “evolving” fast. TON quickly followed up, announcing a partnership with Donate, enablin... read More

The Importance of True Digital Ownership in An Age of Data Monetization

    In our current digital age, data is king. Businesses of all sizes are increasingly looking to monetize user data in order to power their products and services. However, the way in which these businesses go about extracting value from data often lacks fairness and transparency. Take Facebook, for example. The social media giant has come under fire in recent years for its business model, which is based on monetizing user data without giving anything back to the users themselves. This was most recently highlighted with the company's rebranding to 'Meta', which signifies its concerning foray into the metaverse industry. Google is another high-profile example of a company that has faced criticism for its monetization of user data. The search giant has been embroiled in a number of antitrust cases in Europe, with regulators accusing the company of abusing its dominant market position to prioritize its own products and services over those of its competitors. Thankfully, blockchain technology offers a potential solution to this issue. Blockchain is a distributed database that allows for the creation of digital ownership and fair distribution of wealth through trustless and permissionless protocols. This makes it an ideal technology for enabling a more equitable data monetization model. Enabling True Digital Ownership One company that is taking advantage of blockchain to enable true digital ownership is Next Earth. Next Earth is a virtual land platform that allows users to own and lea... read More

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